DHP India received a disclosure from its promoter group entity, Dabriwala Constructions Private Limited, regarding the sale of 507 equity shares on September 23, 2026. The transaction was executed through an open market sale on the Bombay Stock Exchange.

The sale represented 0.02% of the total voting rights and share capital of the target company. This filing was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pre-transaction holding

Prior to this disposal, Dabriwala Constructions Private Limited held 3,54,836 equity shares in DHP India. This stake constituted 11.83% of the total share capital and voting rights of the company. The disclosure confirmed that there were no encumbered shares or voting rights held otherwise than by shares before the transaction.

Post-transaction holding

Following the sale of 507 shares, the holding of Dabriwala Constructions Private Limited decreased to 3,54,329 equity shares. This adjusted position represents 11.81% of the total share capital and voting rights of DHP India. The company’s total equity share capital remained unchanged at 30,00,000 equity shares of ₹10 each fully paid-up.

What the Numbers Show

The marginal reduction in promoter group holding from 11.83% to 11.81% indicates a routine portfolio adjustment rather than a significant change in control or strategic exit. The volume of shares traded (507) is negligible relative to the total outstanding capital of 30 million shares, suggesting minimal impact on market liquidity or price discovery for the scrip.

DHP India shareholders approved the company’s audited financial statements for FY26 and declared a final dividend of ₹4 per equity share at its 35th Annual General Meeting held on September 21, 2026. The meeting also saw the re-appointment of Janak Bhardwaj as a non-executive director liable to retire by rotation.

The event took place at Y.W.C.A. Gallway House in Kolkata, with Managing Director Asheesh Dabriwal serving as chairman. A total of 32 members were physically present, while electronic voting was conducted from September 18 to September 20, 2026.

Voting Results

Shareholder participation was robust, with 73.48% of voting rights exercised across all three ordinary resolutions. The combined e-voting and manual ballot results showed overwhelming support for the board’s proposals.

The dividend payout amounts to ₹120.00 lakh in total, calculated on a base of 30,00,000 equity shares with a face value of ₹10 each. Payments will be made after deducting applicable income tax at source to shareholders on record as of September 21, 2026.

Shareholder Participation Breakdown

Detailed scrutiny reports reveal that promoter and promoter group entities held 22,01,039 equity shares as on the cut-off date of September 14, 2026. These promoters participated exclusively through e-voting, casting all their holdings in favour of the resolutions.

Public non-institutional shareholders held 7,98,961 shares. Of these, 3,096 shares were voted via e-voting and 332 shares via ballot form at the venue. The single vote cast against each resolution originated from the public non-institutional category during the e-voting process. No public institutional shareholders voted.

Governance Updates

Janak Bhardwaj was re-appointed pursuant to Section 152 of the Companies Act, 2013. The resolution passed with the requisite majority, reflecting continued shareholder confidence in the board’s composition.

Corporate shareholders Dabriwala Constructions Pvt. Ltd. and Dolphin Properties Pvt. Ltd., holding 12.45% of the share capital collectively, participated through their representatives. Additionally, proxies for Anjum Dhandhania and Rudradeb Choudhury accounted for 0.67% of the voting power.

What the Numbers Show

The voting pattern highlights a distinct divergence between promoter and public engagement levels. While promoters exercised 100% of their voting rights electronically, public non-institutional shareholder participation stood at just 0.43% of their outstanding holdings. Despite this low public turnout, the near-unanimous approval—with only one dissenting vote among over 22 lakh polled—indicates strong alignment between the board and the active shareholder base regarding the FY26 financial direction.